An insider tells TheWrap that MSNBC and CNBC throw off $1 billion in profit, leaving dry powder for the new company to invest ...
Elon Musk, Donald Trump Jr., and Joe Rogan have joked about the idea of buying MSNBC after Comcast's spinoff announcement.
With President-elect Donald Trump’s “First Buddy” Elon Musk teasing the possibility of purchasing liberal cable news channel ...
Whatever they end up being called, CNBC and MSNBC, plus existing carriage deals in place for the entertainment assets, should ...
Instead, he is moving MSNBC and a half dozen other cable channels into “SpinCo,” a pure-play cable programming company. The ...
Last week, Comcast announced a spinoff plan that would create a separate company, dubbed SpinCo, that would house CNBC, ...
Elon Musk has sparked speculation after sharing a provocative meme suggesting he might purchase MSNBC following reports that ...
Last week, Comcast announced it was spinning off its cable networks, which include MSNBC, into a new company called SpinCo.
With streaming ads poised for rapid expansion, the move will hasten advertisers’ exodus away from cable almost altogether.
Mark Lazarus described the new spinoff as entrepreneurial and flexible, one staffer said. The mood at the company seemed ...
Comcast’s spinoff of its properties signals the accelerating decline of traditional TV—and a brutal reckoning for the media ...
On Wednesday, Comcast announced the birth of a new independent company currently called “SpinCo,” which will be a “tax free ...